Trailer Bridge looks to further growth with 122,000 sf warehouse (Courtesy of the Jacksonville Business Journal) — Trailer Bridge is in the very preliminary stages of developing a new industrial warehouse, totaling 121,875 square feet on 9.21 acres of undeveloped property the Jacksonville based logistics company already owns.
The new warehouse space is expected to include 36 loading bays and is to be built to keep meeting customer demand, as well as allow Trailer Bridge to evolve into a full service company to meet growth goals.
“Jacksonville continues to boom, we’ve seen so much activity here,” Trailer Bridge CEO Mitch Luciano said. “As it continues to grow and more international carriers call to Jacksonville, they’re going to have that need. And this, outside of anything on the port, this would be the closest warehouse to the port.”
The project, expected to be completed around 2024, runs along New Berlin Road, next to Trailer Bridge’s current headquarters site.
The company is striving to become a full service provider by continuing to grow throughout the next few years, and continue to accumulate assets and non-assets for their customers to rely on. According to Luciano, the company’s customers are the reason they are looking into the warehouse space now. He told the Business Journal the warehouse was actually talked about years ago, but the customer need wasn’t yet there.
Now, however, customers are asking the company to handle more aspects of logistics and are looking to Trailer Bridge to become the single path in the intermodal sector, rather than using multiple partners.
In just three years, Trailer Bridge has grown from a $140 million company to a $360 million company, according to Luciano, who says their ultimate goal is to be a billion dollar company. To reach that goal, the company continues to find new ways to remain competitive and meet the needs of their customers.
“I think a lot of times in transportation, where things get lost is when you have one partner doing one thing, a different partner doing another thing, and you have a third partner doing something else. And there’s just translation that’s lost. Things happen that shouldn’t happen. But when it’s inside one company, I think it makes a big difference,” said Luciano.